Monday, 7 February 2011

Cash for Banks, Bearish on Natural Gas and Bonds

I've just updated my latest signals table based on Friday's COT data. Signals taking effect on this week's open: cash for the BKX Bank Index, and bearish for natural gas and the 30-year Treasury bond (meaning the yield would rise). See the table for more details. Sorry for getting to this so late and for the truncated report today! Good luck this week.

2 comments:

Unknown said...

Alex, wouldn't being bearish in T-bonds mean that yield will rises as price is the inverse of yields? Thanks

Alex Roslin said...

Hi KillerV,

You're right. Thanks for spotting that. I've corrected the post.

Regards,
Alex